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18141 Dixie Hwy
Homewood, IL 60430
Westwood Office Plaza · Office Property For Sale

Investment Highlights

  • ±13,410 SF Partial Two-Story Office on 1.08 AC
  • 93% Occupied | 58+ Parking Spaces
  • Below Replacement Cost | Dixie Highway Frontage
  • 14 Units | Long Term Tenants
  • Partial Basement Storage | Pylon Signage

Executive Summary

SVN Chicago Commercial is pleased to present the ±13,410 SF Office Opportunity on 1.08 AC in the heart of Homewood, Illinois. This 14-unit office is 93% occupied by various long-term businesses. This well-maintained building has wet sprinkler fire system with sprinkler main value replaced, newer fire panel, HVAC less than ten years old, new roof in 2017, basement storage, individually electric metered units, a new water heater, pylon signage, and over 135 feet of frontage on Dixie Highway, double lot parking. Zoned B-1 Central Business District. Well maintained and no capital improvements are necessary.

Property Facts

Sale Type
Investment
Sale Condition
Redevelopment Project
Property Type
Office
Property Subtype
Medical
Building Size
13,410 SF
Building Class
C
Year Built/Renovated
1966/2021
Price
$1,555,792 CAD
Price Per SF
$116.02 CAD
Percent Leased
93%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
6,705 SF
Building FAR
0.29
Lot Size
1.08 AC
Zoning
B-1, Homewood - Neighborhood Shopping District
Parking
50 Spaces (3.73 Spaces per 1,000 SF Leased)

Amenities

  • Bus Line
  • Signage
  • Air Conditioning

Property Taxes

Property Taxes

Parcel Number
29-31-409-063-0000
Land Assessment
$48,077 CAD
Improvements Assessment
$193,288 CAD
Total Assessment
$241,365 CAD
  • Listing ID: 25929318

  • Date on Market: 2022-06-14

  • Last Updated:

  • Address: 18141 Dixie Hwy, Homewood, IL 60430

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